USM Regents Committees on Finance, Economic Development to Meet June 18

Adelphi, Md. (June 13, 2013) -- The University System of Maryland (USM) Board of Regents Committee on Finance at its next meeting will vote on several action items, including the Capital Improvement Program, System-Funded Construction Program and the issuance of USM auxiliary facility and tuition revenue bonds.

The session will begin at 10:00 Tuesday, June 18, in the President's Board Room, 14th floor of the Saratoga Office Building at the University of Maryland, Baltimore (UMB). The building is located at 220 North Arch Street, Baltimore, MD. The committee first will take a public vote on whether to reconvene in closed, executive session.

The public session is scheduled to begin at 10:15 a.m. Other action items before the committee include adjustments to the Nonexempt Pay Structure and a technical amendment to the board policy on student classification for admission and tuition purposes. The committee will vote on whether to approve several contracts, including a proposed fiscal year 2014 contract between UMB and the University of Maryland Medical System.

The committee also will hear an informational report on progress toward reducing greenhouse gas emissions at USM institutions. The complete agenda with every item is available at

The Committee on Economic Development and Technology Commercialization at noon will assemble in the same location to vote publicly on whether to reconvene in executive session. The public session of the meeting is scheduled to begin at 12:25 p.m.

The committee will hear four information items. The first item centers on network models of regional innovation clusters and their influence on economic growth. The committee also will be presented with the UM Ventures annual report and discuss the USM Innovation Portal. The meeting will conclude with a discussion of highlights of committee initiatives.

The agenda and supporting materials are available at

Sign language interpreters and/or other appropriate accommodations for eligible individuals with disabilities will be provided upon request. Please call 301.445.2756 (voice) or 301.314.7683 (TTY/ITT) for special arrangements.

Parking is available in the Saratoga Garage, also located at 220 North Arch Street in Baltimore. For driving directions to UMB and a campus map, click on

Contact: Mike Lurie
Phone: 301.445.2719